Fresh off a successful 500 Startups Demo Day, Back Office, an automated bookkeeping platform for small businesses, announced Thursday it has raised $1.8 million in seed financing. Active Capital led the round that also included 500 Fintech, PlugNPlay Ventures and angels from San Francisco, New York, Boston and Florida.
Back Office was co-founded by Felix Rodriguez, his wife Glennys Rodriguez and Edwin Mejia in early 2018 and is based in West Palm Beach. The startup helps small- to medium-sized businesses by automating their accounting and finances, typically cutting accounting expenses in half and saving business owners at least 20 hours a month, the company said. “We just take it off their hands,” said Felix Rodriguez, Back Office’s CEO.